Momentum Operating Co. INC

$483,833 PPP Loan in Albany, Texas

Loan Details

Loan Number
6821187007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$483,833
Current Approval
$483,833
Forgiveness Amount
$488,443
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Momentum Operating Co. INC
Address
224 S Main St
City
Albany
State
Texas
ZIP Code
76430-2986
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (211130)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-19

Loan Use Breakdown

Payroll
$362,875
Utilities
$120,958

Lender Information

Servicing Lender
First Financial Bank
Originating Lender
First Financial Bank

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